NOT LISTED FOR SALE

5425 N Coast Hwy Newport, OR 97365

Agate Beach Neighborhood
213 Acres
-- Price per Acre
9,278,280 Sq Ft Lot

Last Sold September 20, 2021

Last sale price $775,000 $2,484 Per Sq Ft

119 Days on Market

Highlights

  • Ocean View
  • 213 Acre Lot
  • Level Lot

About This Lot

As of September 2021

A rare find with incredible potential! 213 acres of industrial zoned property, WD report completed indicating over 52 acres of industrial developable land, and all within city limits. Excellent location just off Highway 101, and near NOAA, Newport Airport, and Oregon State University's new Marine Studies Building.

Last Agent to Sell the Property

Freddy Saxton

Advantage Real Estate Brokerage Phone: (541) 265-2200 License #200801080 Listed on: 03/12/2021

Last Buyer's Agent

Out of Area

OUT OF AREA

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $7,949

Lot Details

  • 213 Acre Lot
  • Property fronts a highway
  • Level Lot
  • Property is zoned I-1 Light Industrial

Property Views

  • Ocean
  • Forest

Utilities

  • Natural Gas Not Available

Listing and Financial Details

  • Assessor Parcel Number 11112000-2500-00

Community Details

Overview

  • South Beach Subdivision

Recreation

  • Electricity Available at Street

Property Details

Property Type

Land

Est. Annual Taxes

$7,949

Lot Details

0

Listing Details

  • Property Sub Type: Land - Commercial
  • Prop. Type: Land-Commercial
  • Road Frontage Type: Highway
  • Lot Size Acres: 213.0
  • Lot Size Sq Ft: 9278280.0
  • Road Surface Type: Paved
  • Subdivision Name: South Beach
  • Directions: East on SE 50th, to gated property entrance on right.
  • Attribution Contact: (541) 265-2200
  • Contract Information:BankLender Owned: No
  • Contract Information:Short Sale: No
  • Contract Information:_three_rd Party Approval: No
  • General Property Description:Frontage: Highway
  • General Property Description:Primary View: Forest
  • General Property Description:Secondary View: Ocean
  • General Property Description:_pound_ of Acres: 213.0
  • General Property Description:CCRs: No
  • Location Tax and Other Information:Tax Lot: 2500
  • Miscellaneous Survey: Recorded
  • Topography:Level: Yes
  • Water:At Street: Yes
  • Electric:At Street2: Yes
  • Sewer:City Street2: Yes
  • Location Tax and Other Information:Subdv ParcelLot: Multiple
  • Topography:Rolling: Yes
  • Gas:None6: Yes
  • Special Features: None

Exterior Features

  • View: Forest

Utilities

  • Utilities: Natural Gas Not Available
  • Water Source: At Street

Association/Amenities

  • General Property Description:Association2: No

Lot Info

  • Parcel #: 11112000-2500-00
  • Zoning: I-1 Light Industrial
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 7948.93
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 17, 2013
Sold by
Dundas Nancypat
Bought by
Schwab Rentals Two Llc
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Schwab Rentals Two Llc $175,000 First American Title Ins Co
Schwab Rentals Two Llc -- First American Title Ins Co
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/20/2021 09/20/21 Sold $775,000 -8.8% $2,484 / Sq Ft
07/09/2021 07/09/21 Pending -- -- --
03/12/2021 03/12/21 For Sale $850,000 -- $2,724 / Sq Ft
Source: Lincoln County Board of REALTORS® MLS (OR)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $10,235 $567,210 -- --
2023 $9,994 $550,690 $0 $0
2022 $9,686 $534,660 $0 $0
2021 $9,519 $519,090 $0 $0
2020 $9,293 $503,980 $0 $0
2019 $8,895 $489,310 $0 $0
2018 $6,399 $352,630 $0 $0
2017 $1,623 $87,620 $0 $0
2016 $1,589 $85,070 $0 $0
2015 $1,473 $82,600 $0 $0
2014 $1,440 $80,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Freddy Saxton

    Seller's Agent in 2021

    Freddy Saxton

    Advantage Real Estate

    (541) 961-2085

    9 in this area

    120 Total Sales

    Freddy Saxton
    Section Image

  • O

    Buyer's Agent in 2021

    Out of Area

    OUT OF AREA

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Map

Source: Lincoln County Board of REALTORS® MLS (OR)

MLS Number: 21-488

APN: R331031

Oregon Lincoln County Newport 97365 Agate Beach

5425 N Coast Hwy, Newport, OR

This home is located at 5425 N Coast Hwy, Newport, OR 97365 since 12 March 2021. 5425 N Coast Hwy is a home located in Lincoln County with nearby schools including Sam Case Elementary School, Yaquina View Elementary School, and Newport High School.

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